HomeMy WebLinkAbout2015.10.19 CC PowerPoint Capital Budget RequestsCapital Budget Requests
Citgo
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Background
Minnesota Management and Budget
accepted capital budget requests for 2016
Legislative Session
The City submitted two bonding requests
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Projects Ranking
Stormwater reuse for irrigation in the
Water's Edge development, CSAH 8 median
and boulevard, and Lions Park
Short line freight railway track repair for rail
service in the Bald Eagle Industrial Park
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Requested Amounts
Stormwater reuse projects
$1,000,000
Meets the 50% match requirement
Rail repair
$1,1 00,000
Does not meet the 50% match requirement
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Recommended action
Approve resolution approving the ranking of
the projects and submittal of the bonding
request.
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